- DigiMax Global (DIGI) has entered an agreement with Delphi AI Systems to utilize Delphi’s artificial intelligence tools
- CommodityHawk will be offered to institutional traders and commodity producers on a subscription basis
- CommodityHawk has demonstrated an ability to beat buy-and-hold strategies by a significant margin
- DigiMax and Delphi are creating hedge funds domiciled in the Cayman Islands and in the US
- DigiMax is a technology company that delivers advanced financial, predictive, and cryptocurrency solutions
- DigiMax Global Inc. (DIGI) opened trading at C$0.13 per share
DigiMax Global (DIGI) has entered an agreement with Delphi AI to introduce CommodityHawk, an AI-driven commodity price direction prediction tool.
In a service that is similar to the CryptoHawk Price Trend Watch, CommodityHawk will be offered to institutional traders and commodity producers seeking to hedge inventory positions or profit from trading. The service will be priced at $US1,000 per month for 4 commodities and $500 per month for each additional commodity up to a maximum of $3,500 per month.
Since direct trials began early this year, CommodityHawk has demonstrated an ability to beat buy-and-hold strategies by a significant margin. Accordingly, this prediction tool provides an excellent return on the monthly cost for anyone trading $100,000 or more.
Commodity Hawk will be 100 per cent owned by DigiMax but affiliate fees of up to 20 per cent will be shared with Delphi dependent on the number of users they attract to the service. Both DigiMax and Delphi will use their growing global investor channels to share this highly valuable service with users.
DigiMax and Delphi will also begin work on creating hedge funds domiciled in the Cayman Islands and in the US. These funds will be owned on an equal basis between Delphi and DigiMax and will be enabled to trade all commodities on behalf of unitholders of the fund.
Delphi Analytics is a decade-old technology company that utilizes a variety of data analytics, models and machine learning to generate algorithms to increase predictability and outcomes in trading and corporate financial risk management.
DigiMax is a technology company that delivers advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.
DigiMax Global Inc. (DIGI) opened trading at C$0.13 per share.
